trueBritish Columbia Investment Management Corp., Victoria, returned 14.2% on its investments net of costs for the year ended March 31, beating the 12.6% custom benchmark, it announced in a statement Thursday.

trueCaisse de Depot et Placement du Quebec, Montreal, on Thursday launched a subsidiary to implement an agreement reached earlier this year with Quebec’s government to develop and manage provincial infrastructure assets.

trueOntario Teachers’ Pension Plan, Toronto, and the Public Sector Pension Investment Board, Montreal, teamed up with Banco Santander to launch a firm to manage and invest in renewable energy and water infrastructure assets globally.